Category: Switzerland

Switzerland’s FINMA Approves its First Cryptocurrency Investment Fund

The Swiss Financial Market Supervisory Authority (FINMA) has greenlighted the Crypto Market Index Fund to be the first cryptocurrency-oriented investment vehicle operating within the country with the proper licensing. According to the Reuters report from earlier on September 29th, the Crypto Market Index Fund will be available to qualified investors only. Switzerland’s financial watchdog said […]

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Breaking: Switzerland’s Financial Regulator Approves First Ever Crypto Fund

Switzerland’s financial watchdog Financial Market Supervisory Authority (FINMA) on Wednesday approved the country’s first-ever dedicated crypto fund. The new crypto fund would be called the Crypto Market Index Fund  FINMA has categorized the crypto fund under “other funds for alternative investments.” The Swiss regulatory watchdog said even though the crypto fund would be regulated under […]

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Switzerland to Impose Anti-Money Laundering Rules on Crypto Providers: Report

The Swiss Financial Market Supervisory Authority – FINMA – would reportedly require local digital asset providers to take additional steps in preventing criminals from employing cryptocurrencies. The watchdog would also turn its sight towards bitcoin ATMs as it believes that drug dealers often use these machines. FINMA Targets Criminals Operating with Crypto According to a […]

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Switzerland’s Six Exchange Greenlighted to Launch Digital Token Trading Platform

Switzerland’s stock exchange, SIX, said today it had obtained two licenses from the nation’s markets regulator to launch a stock exchange and depository for blockchain-based securities. Based in Zurich, Switzerland, the SIX Swiss Exchange is the country’s principal stock exchange that also trades particular securities like government bonds and derivatives such as stock options. According […]

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SIX receives approval from Swiss regulator to operate digital securities market

SIX receives approval from Swiss regulator to operate digital securities market

SIX, the Switzerland-based exchange operator, has scored a key approval in its bid to run a marketplace for digital securities. The approval came from the Swiss Financial Market Supervisory Authority, according to a Friday announcement, greenlighting the advance of the firm’s digital bourse, dubbed SDX. “This authorization enables SDX to go live with a fully […]

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Luxurious Swiss Alps Hotel to Accept Bitcoin and Ethereum Payments

Luxurious Swiss Alps Hotel to Accept Bitcoin and Ethereum Payments

The Chedi Andermatt will reportedly become the first Swiss hotel to accept digital assets as a payment method. Guests can now pay accommodation bills surpassing 200 CHF ($218) using bitcoin or ether. The Venezuelan carrier Turpial Airlines and the famous Belgian bar Dolle Mol also joined the crypto craze by adding virtual assets as a […]

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Swiss Fintech Trio Enabled Asset Tokenization via Tezos: XTZ Spikes 15%

The Switzerland-based financial institutions – Crypto Finance Group, InCore Bank, and Inacta – have selected Tezos to create on-chain digital products through a new token standard for asset tokenization. InCore Bank would also enable additional digital services with XTZ – the native cryptocurrency of the blockchain network. Tezos to Power The New Token Standard According […]

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Swiss Fintech Firm Leonteq Expands Cryptocurrency Services to Germany and Austria

Swiss Fintech Firm Leonteq Expands Cryptocurrency Services to Germany and Austria

The Switzerland-based financial institution – Leonteq AG – announced it partnered with ICF BANK AG to introduce digital asset offerings to institutional investors as well as private clients in Germany and Austria. The initiative would grant investors exposure to 18 cryptocurrencies, including the leading ones, Bitcoin (BTC) and Ethereum (ETH). Leonteq Stretches out of Switzerland […]

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Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria

Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria

Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides German and Austrian Investors With Exposure to Major Cryptocurrencies Leonteq is presenting […]

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